Economics for a Developing World. An introduction to principles, problems and policies for development

Todaro, Michael P.:

ISBN 10: 0582641993 / ISBN 13: 9780582641990

Published by Longman Group, London, 1977

About this Item

Sprache: Deutsch Broschur gr. 8;; 444 Seiten; Bibliotheksstempel auf Rückseite Haupttitel, sonst wohlerhaltenes Buch; Tabellen; Diagramme; - Teachers of the introductory economics course at universities throughout the developing world have long been aware of the need for a relevant. comprehensive introductory text oriented .towards the critical issues of economic and social development. In Africa, Asia. Latin America and the Middle East. local instructors often have little choice but to use so-called international student editions of Western introductory texts. Their students are thus subjected to lengthy discourses on the functioning of the US Federal Reserve System. the Industrial structure of the British economy and/or the range of contemporary economic problems experienced by advanced market economies topics of only limited relevance to developing nations. Moreover. the institutional assumptions and theoretical models put forward in these texts often bear little resemblance to the structural and economic realities of the developing world. To give some examples, unemployment. typically, is ascribed to a deficiency of Keynesian aggregate demand. while inflation arises because of an excess of aggregate demand. Structural problems on the supply side are for the most part neglected. The high productivity agricultural sec; tor which is fully commercialised and sparsely populated in most developed countries is relatively Insignificant and therefore given limited coverage. And yet in developing nations agriculture is by far the most important economic activity and its low productivity is a major source of concern. Similarly. foreign trade is often treated as only marginally significant since most rich nations can deal with periodic balance of payments crises by applying an appropriate mixture of fiscal. monetary and commercial policies. The phenomenon of International economic dependence so central to much of the developing world is rarely mentioned. In addition. most Western texts do not treat rapid population growth as a seri.

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Bibliographic Details

• Title: Economics for a Developing World. An introduction to principles, problems and policies for development
• Publisher: Longman Group, London
• Publication Date: 1977
• Language: English
• ISBN 10: 0582641993
• ISBN 13: 9780582641990
• Binding: Soft cover
• Seller catalogs:
  • Varia

About this title

Synopsis

This Best-Selling text retains the unique problem- and policy-oriented approach to development economics found in its earlier editions. Now extensively revised and updated to reflect the latest research and the most recent data, Economic Development, Fifth Edition, is the most comprehensive, current text in its field. This edition features a new chapter linking the environment and development problems; a new chapter describing critical issues for the 1990s including the economic transition taking place in the republics of the former USSR and eastern Europe, the economic crisis in sub-Saharan Africa, and the impact of the globalization of the world economy; eighteen new country-specific case studies - one at the end of each chapter, and four new comparative case studies - one at the end of each part; extensive new analysis on critical topics such as women and development, the new growth theory, the U.N.'s new Human Development Index, macroeconomic instability, the future of the debt problem and how the burden of adjustment has been handled between lenders and borrowers, the implications of emerging new regional trading blocs, and the transformation of multinational corporations into "global factories"; new discussion of market reforms and the role of the state, emerging financial systems and the costs and benefits of market liberalization, and an analysis of the impact of military expenditures on economic development; and a casebook, keyed to the text - written by Stephen C. Smith, George Washington University - is available.